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After being drafted in the first round of the NFL draft, a star defensive end invests his signing bonus of $ 9 , 6 3
After being drafted in the first round of the NFL draft, a star defensive end invests his signing bonus of $ in a mutual fund. The fund pays on average APR. The player will not touch this money until he retires from the league in years. How much will this "nest egg" be worth at retirement?
Answer format: Currency: Round to: decimal places,
A loan shark has offered to loan you $ today so that you can afford the house of your dreams. The only catch is that he wants you to repay him $ exactly years from today. You are very tempted as you want the house really badly. What is the rate of interest on the Shark's loan?
Answer format: Percentage Round to: decimal places Example: sign required. Will accept decimal format rounded to decimal places ex:
An engaged couple agrees to get married once their savings equal $ They have $ at the moment and will invest the money in an account that earns per year. How many years will the engagement last?
Answer format: Number: Round to: decimal places.
A very careful new father wants to set money aside for his baby daughter's wedding. If the wedding takes place in years, he expects it will cost $ If the father can earn on his investments, how much does he need to invest today to reach his goal?
Answer format: Currency: Round to: decimal places.
An investor places $ in an account that pays APR with semiannual compounding. Find the value of the account in:
years?
Answer format: Currency: Round to: decimal places.
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